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AirTrunk delays planned Singapore REIT IPO until next year

Updated

Summary

AirTrunk is delaying until next year a planned Singapore IPO of a real estate investment trust, according to people familiar with the matter.

Why it matters

Higher interest rates and market volatility are tempering investor demand for the planned IPO, according to people familiar with the matter.

Editorially reviewed context with at least a 15-minute delay. Market information, not investment advice.

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